Stock Exchange: A profit slips from AEX hands | financial

The AEX index was slightly lower at 519.42 points by one and a half hours after crossing the 520-up limit earlier in the day. The Midkap fell 0.2% to 700.57 points.

Elsewhere in Europe, profits have also declined. Paris has a capital gain of 0.1%, while Frankfurt is down 0.1%.

An unexpected drop in new home sales in the United States brought investors back to their shell at the end of the session. According to Philip Marey, an economist at Rabobank, the more difficult situation in the US housing market has been going on for some time, partly because of rising interest rates in the United States. "It's also a sign that America is on the end of its expansion."

Earlier in the day, investors' reserves faded in the run-up to the US-China trade talks at the G20 summit in Argentina. at the end of the week. President Donald Trump will meet his Chinese colleague Xi Jinping on Saturday night. "The big question is whether there is an agreement that will benefit us in the long run," says Marey, an economist at Rabobank. "There are still so many distortions in the relations between the two countries.Trump has made trading more and more an attraction pole, certainly because he was limited in his domestic politics after the recovery." of the majority of Democrats in the House of Representatives. "

Fed Chairman Jerome's speech is also expected. Powell in New York later tonight. Mr. Marey expects Powell to repeat what he said earlier to look more closely at the external risks of next year and to monitor the impact of past rate hikes. of interest on the US economic climate.

As expected, growth in the third quarter was a new estimate of a 3.5% advantage equal to the first estimate. Marey points out that the good news was mainly about increased investment in the wider business world in the United States. He also pointed out that spending had been reduced by the US government.

Marey fights for the upcoming stock market climate. "If a kind of agreement is reached between America and China this weekend, it will have a temporary positive effect on stock markets, but investor restraint will likely come back soon because the concessions of the China will probably not be important enough for Trump. "

In the AEX KPN was 1.2% higher. Investors reacted favorably to the announcement by the telecommunications group that he wanted to save 350 million euros over the next three years, including labor costs, before the day of the investor. The telecommunication company did not specify the number of jobs removed. At the same time, annual investments are set at 1.1 billion euros.

Telecommunication and Cable Supplier Altice Europe achieved a sprint of 10.2%. This meant that the action clearly broke the recent discomfort. The CEO of Altice predicts a consolidation of the sector

Unilever grew by 0.4% . The food company would conduct exclusive negotiations for the acquisition of GlaxoSmithKline's Indian subsidiary, but the Nestlé subsidiary would still be around.

Galapagos thickness 2%. The biotechnology company has received Fast Track status from the US FDA watchdog for a cure for osteoarthritis. This status aims to provide resources faster in the market through an accelerated licensing process.

Philip's Care Technology Group suffered a loss of 1.4%. The old daughter Signify closed the row with a decline of 1.6%. Vopak reported 1.2%. Heineken lost 1.1%.

Midkapper The advanced metallurgical group will modify its operational structure. The metals specialist adds all the components to the two divisions AMG Technologies and AMG Critical Materials. AMG action accounted for 2.4%.

The maker of stainless steel Aperam (+ 2.8%) had a strong wind. The new TKH leader recorded an increase of 2.9%. The navigation group TomTom climbed 2.1% in response to lingering speculation that the shipping company could change hands.

PostNL took a step back after the strong recovery recorded at the beginning of the month and lost 1.7%. Air France KLM fell by 2.6% compared to the previous one.

The builders BAM (- 0.8%) and Heijmans (+ 1.7%) announced that they wanted to entrust their asphalt activities to a new company common asphalt. This requires the authorization of the competition authorities.

In the small-cap funds Nedap surpassed its prices with a price increase of 6.4% to 44.70 €. The technology company has benefited from a purchase notice from the Berenberg asset manager with a target price of € 65.

On the local market Ajax was in the honor. The selected football club is for the first time in thirteen years in the eighth finals of the lucrative Champions League. The successes won against AEK Athens, Bayern Munich and Benfica have already generated 61 million euros for the Amsterdammers. The action Ajax has taken a step forward.

The ICT group (+ 4.8%) wants to double its turnover from 2017 to 2022, bringing it to € 200 million. During the same period, Barendrecht aims to maintain its profit margin (ebitda) between 10% and 12%.